New Four-Year Wheat 

 Plan Is Launched 



THE four-year AAA wheat adjust- 

 ment program being launched this 

 fall provides that a signer may 

 withdraw at the end of the second crop 

 year. The new program seeks to avoid 

 the expense of annual sign-ups. The 

 signer may name a beneficiary in his 

 contract to avoid adjustment payment 

 obstacles in case of death, disappearance 

 or incompetency. 



Requirements on plantings for 1936 

 have been so modified that signers may 

 sow a maximum of 95 per cent of their 

 base acreage. This is an increase of 5,- 

 200,000 acres for the coming year over 

 the planting requirement tentatively set 

 earlier in the season. Extensive damage 

 to the 1935 crop from drouth and rust 

 which greatly curtailed estimated 1935 

 production was the principal factor lead- 

 ing to the step-up in acreage. The new 

 contract provides that adjustment in 

 subsequent years may be as much as 

 25% of base acreage. 



Neither the five per cent reduction on 

 the 1936 crop nor reductions in subse- 

 quent years have anything to do with 

 AAA payments to wheat signers under 

 the new program. These payments will 

 continue to be based on 54 per cent of 

 the signer's average annual production 

 during the base period, which represents 

 that portion of the crop required an- 

 nually to meet domestic needs. 



Balanced production is a good thing 

 for the consumer. It protects him against 

 famine prices which eventually would 

 result if farmers are forced out of busi- 

 ness because of ruinous prices resulting 



from heavy surplu.ses. Moreover, im- 

 proved farm buying power will facilitate 

 consumption of city goods and services 

 thus creating jobs and income for labor 

 and business and professional workers. 

 Consumers are further protected by the 

 requirement that each contract signer 

 .seed a sufficient acreage to produce un- 

 der average conditions 54 per cent of his 

 production during the base years nec- 

 essary to supply the domestic need. 



The carryover of wheat on July 1 this 

 year was about normal at 152,000,000 

 bushels. With a normal yield next year 

 a crop of slightly more than 800,000,000 

 bushels will be produced. Even with 

 poor yields next year production on the 

 acreage allowed will provide an ample 

 margin above domestic needs which are 

 625,000,000 bushels. At average or high 

 yields there would be a substantial 

 quantity for export. 



The United States has exported in 

 excess of 200,000,000 bushels of wheat 

 annually but during recent years export 

 trade has all but vanished. Last year 

 we sold abroad less than 17 million 

 bushels. On July 15, 1935 selling wheat 

 at the world price would have returned 

 American farmers about 50 to 60 cent.', 

 a bushel instead of the average farm 

 price on that date of 76 cents. 



On the new basis of figuring parity 

 prices, which takes into consideration 

 present interest rates and taxes, the 

 June 1935 parity price for wheat was 

 $1.15 compared to $1.12 under the orig- 

 inal method. 



NEW HOME OF MENARD COUNTY FARM BUREAU 

 Located on the southwest corner of the square in Petersburg, this octagon building 100x120 

 feet has been remodeled and refurnished. It also contains offices of the Menard County Farm- 

 ers Supply Company, Insurance Department, National Farm Loan Association and the Corn-Hog 

 and Wheat Control Associations. It has a seed-corn germinator room, Supply Company sales 

 room, waiting room and assembly room. 



With Our County 

 Farm Bureau Presidents 



For consistency, few men can equal 

 the record of Ed. Schrock. president 

 of the Tazewell County Farm Bureau. 

 All of his 58 years have been spent 

 on the 170 acre grain and livestock 

 farm in Elk Grove township, his pres- 

 ent home, where he was born, reared, 

 grew to manhood, married, and in 

 turn reared a 

 family to ma- 

 turity. 



The Schrock 

 home is within 

 a long stone's 

 throw of the 

 Sugar Grove 

 school. social 

 center for the 

 Elm Grove 

 Community and 

 meeting place 

 for the com- 

 munity club or- 

 ED. SCHROCK ganized 13 years 



ago. As a boy. 

 so the story goes, young Edward 

 could heave a ball from the driveway 

 of his home into the school yard and 

 sometimes it would land on top of the 

 building. Such prowess today would 

 be rewarded by a position on the 

 Farm Bureau baseball nine for which 

 Tazewell has been famous. 



It was at the Sugar Grove school 

 that young Schrock got all his formal 

 education and there also his four 

 daughters and son received their ele- 

 mentary schooling. 



Mr. Schrock is not only a top notch 

 farmer (he has a Master-Farmer 

 medal> but throughout his life he has 

 served his community, church, school, 

 and local organizations in various of- 

 ficial capacities. He joined his Coun- 

 ty Farm Bureau soon after it was or- 

 ganized. For nine years he has been 

 a director and officer, serving the last 

 seven years as president of both the 

 Farm Bureau and its automobile in- 

 surance subsidiary. the Farm-^rs 

 Automobile Insurance Association. He 

 is also a member of the County Board 

 of Review and a director in the Pekin 

 Farmers Elevator. 



In common with most thinking 

 farmers. Schrock is a firm believer in 

 AAA crop adjustment as a longtime 

 program for bringing agriculture 

 within the protective system. 



Mrs. Schrock passed on in 1925. 

 Since then Mr. Schrock and the chil- 

 dren have kept the home intact. 

 Gladys is head of the art department 

 in the Lockport (Ill.i Hiph School. 

 Helen has a position in Peoria and 

 siends her week-ends at home. Eddis 

 is housekeeper and hostess — an active 

 worker in the Home Bureau, in rural 

 young people's activities, and in the 

 community club. A fourth daughter. 

 Gertrude, is Mrs. Clyde McQueen, 

 wife of the coach at Beardstown High 

 School. The lone son. Ekldie (what 

 chance does a fellow have with four 

 sisters) is kept busy looking after the 

 farm while his Dad is away attending 

 his numerous board meetings. For 

 recreation. Eddie manages the Elm 

 Grove Township soft ball team. 



12 



I. A. A. RECORD 



